Interning in Tech IB this summer, what to read up on / get in the loop?

To prepare for your Tech IB internship this summer, here’s what you should focus on:

1. Stay Updated on Industry News:

   • Read business news daily, such as The Wall Street Journal (WSJ), Financial Times (FT), and Barron’s on weekends.
   • Follow the tech industry closely. Pay attention to major deals, IPOs, M&A activity, and trends like AI, cloud computing, or fintech developments.

2. Understand the Sector:

   • Dive into the specific tech sub-sectors your group covers (e.g., software, hardware, semiconductors, etc.).
   • Use LinkedIn or industry-specific groups to stay informed about trends and discussions in your area of focus.

3. Technical Skills:

   • Brush up on financial modeling, including 3-statement modeling, DCF, and comparable company analysis (comps).
   • Familiarize yourself with tools like CapIQ or other databases your firm might use for comps and transaction searches.

4. Networking and Insights:

   • If possible, connect with current or former analysts in Tech IB to understand the nuances of the role and the group’s expectations.
   • Attend networking events or webinars to gain insights into the industry.

5. General Preparation:

   • Review the WSO Investment Banking Interview Prep course for technical and behavioral questions.
   • Practice presenting information concisely and clearly, as this will be critical during your internship.

By focusing on these areas, you’ll be well-prepared to hit the ground running this summer.

Sources: How to prepare for summer ASSOCIATE internship, TMT prep, Week 1 of IBD Internship: Training, https://www.wallstreetoasis.com/forum/investment-banking/tech-ib?customgpt=1, New Case Webinars in WSO Investment Banking Interview Prep Pack